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Gold prices tumble as investors, rattled by the Iran conflict, continue to shelter in the dollar
Oil prices climbed above $100 a barrel on Monday, reaching levels not seen since 2022, as the conflict showed no signs of de-escalating, adding to growing concerns of a lasting supply shock. Gold futures (GC00) (GCJ26) fell $56.90, or 1.1%, to $5,101.80 an ounce, after rising 1.6% on Friday, but lost that same amount last week. That marked the biggest one-week percentage decline since the week ending Jan. 30. Silver prices (SI00) fell 47 cents, or 0.5%, to $83.82 an ounce. Silver lost nearly 10% last week, also marking its worst week since Jan. 30. Investors were flocking to the dollar, with the ICE Dollar Index DXY ... (full story)
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bmun2348
Mar 9, 2026 4:16pm
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Short term oil prices, which will drop rapidly when the destruction of the Iran nuclear threat is over, is a very small price to pay for U.S.A., and World, Safety and Peace. ONLY FOOLS WOULD THINK DIFFERENTLY!President DJT
From sdbullion.com | Mar 8, 2026
The silver and gold markets sold off to start the week and finished consolidating sideways over the last few trading days. The spot silver price ended the week at $84.48 oz bid. The spot gold price closed the week basically flat at $5172 oz bid. The spot gold silver ratio rose to close the week at 61. One thing gold did this week was gain in real terms ...
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